AI speeds goods to Amazon’s customers
May 15, 2023
Amazon.com uses artificial intelligence technology to make it easier for customers to shop for items to buy, optimize truck routes to deliver goods more quickly and determine where to warehouse inventory. “I think one area that we consider key in order to lower cost to serve is on inventory placement,” said Stefano Perego, vice president of customer fulfillment and global ops services for North America and Europe at Amazon. “So now, I’m pretty sure you’re familiar with the vast selection we offer to our customers. Imagine how complex is the problem of deciding where to place that unit of inventory. And to place it in a way that we reduce distance to fulfill to customers, and we increase speed of delivery.”
Recent News
Consumer Confidence Drops Due to Rising Inflation Worries
Consumer sentiment took a hit as inflation concerns soared, despite otherwise positive signals in the economy, according to a recent survey.
UK Economic Growth Quickly Exits Recession
Britain’s economy has recently shown promising signs of recovery, with the first quarter of 2024 witnessing the strongest growth in almost three years.
Taco Bell Finally Releases Cheez-It Collaboration
Taco Bell’s collaboration with Cheez-It is finally hitting restaurant locations this summer, marking the debut of one of its most highly anticipated test menu items.
Target Removes LGBTQ Pride Month Products From Some Stores
Target Corporation has made a strategic move regarding LGBTQ-themed merchandise for this year’s Pride Month in June.